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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Princeton at 320 W Oak St, Princeton, IN, 47670 uses $92,787 cash to close to unlock $3,357/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $1,960/mo, and a $1,370/mo payment keeps the spread at $280/mo. Purchase price stands at $279,900, and rental yield measures 8.4% with $1,960/mo rent. Return on cash invested shows 23.53% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 122.01% and total cumulative return in cash records $113,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,960/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47670, Princeton, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,690 (100%) |
| Owner Occupied HU | 3,514 (61.8%) |
| Renter Occupied HU | 1,580 (27.8%) |
| Vacant Housing Units | 596 (10.5%) |
| Median Home Value | $171,349 |
| Average Home Value | $207,644 |
Residential
5,450
Single Family
5,055
Multi-Family
395
Businesses
526
Date | Event | Price |
|---|---|---|
| 2025-03-19 | Listed for sale | $279,900 |
| 2021-08-18 | Sold | $198,000 |
| 2021-06-29 | Pending sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-20 | $1602.00 | 9.58% | $171,600 | 7.12% |
| 2022-03-20 | $1462.00 | 9.92% | $160,200 | 9.58% |
| 2021-03-20 | $1330.00 | 0.08% | $146,200 | 9.92% |
Listed by: Cookie D Edwards • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508942
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
